Rich youth to hit 117m by 2016: MasterCard

Consumer and Retail

Wednesday, October 08, 2008 00:28:41

	Rich youth to hit 117m by 2016: MasterCard By STAFF EDITOR Published: June 18, 2008 05:57 PM MasterCard (MA.NY) predicts there will be 117 million young nouveau riche Chinese worth a combined US$337.7 billion in spending power in mainland China by 2016, China Business News reported. MasterCard defines the young nouveau ... You are currently reading 34 words of 105 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article:	More Articles in Consumer and Retail > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Alibaba and Home Inns team up to bring SMEs online Hisense Kelon sets $5.87b sales target Shanghai Nine Dragon consolidates tourism business Online shoppers account for 40% of Chinese netizens Online retailer wins $100m VC windfall Chinese spend $7.8b shopping online in 1H Changhong to launch plasma TV assembly line

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